Mohnish Pabrai's Q&A with members of the Finance and Investment Cell at SRCC, Delhi on June 14, 2023
Chai with Pabrai
00:00
The Importance of Human Contact in Investing
Pascal, the famous mathematician said that all man's miseries stem from his inability to sit quietly in a room and do nothing. If we had a few great relationships with people who are vastly better than us, then a lot of mediocre decisions could be avoided. And I think that would lead to just great outcomes long. So less is more and definitely quality is more important in quantity. The good news is we don't need them in large numbers like it's better if they're in very small numbers.
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